Top Pentagon officials have been railing against the consequences of sequestration
ever since the Budget Control Act was passed in 2011. And in their planning
documents, they've also decided not to acknowledge the likelihood that the cuts are
here to stay. For the last three years, officials have submitted budget requests
that exceed the caps in current law, and they've indicated they plan to continue
doing so in future years. Even if the Pentagon isn't building its military plans
around sequestration, some outside analysts are taking a look at what various scenarios would look like
under lower funding levels. One of them is Rob Levinson. He's a senior defense
analyst for Bloomberg Government, and shared some financial predictions on In Depth with guest
host Jared Serbu.